Triangle

Trade of the Day – USDJPY – Looking to buy dips within the corrective channel

Ian Coleman Apr 24, 2019 445 0

Further upside is expected although we prefer to set longs at our bespoke support levels at 111.60, resulting in improved risk/reward
Read More

Trade Ideas

EURUSD – Ascending triangle offers a bullish bias

Ian Coleman Jan 3, 2019 279 0

The continued lack of clear direction looks to be forming a bullish ascending triangle pattern on the daily chart. A break of 1.1500 and the measured move target is 1.1775
Read More

Trade Ideas

EURJPY – Large triangle formation offers a downward bias

Ian Coleman Dec 7, 2018 250 0

Mixed trading for the last 42 (trading) days has resulted in a large symmetrical triangle being posted on the daily chart. This formation has a bias to break to the downside
Read More

Trade Ideas

AUDJPY – Breaks the triangle formation to the downside

Ian Coleman Nov 21, 2018 306 0

Mixed trading for 9 days had produced a symmetrical tringle formation. This pattern has now been broken to the downside. Reverse trend line resistance is located at 81.88. Bespoke resistance at 81.95
Read More